Can You Benefit from a Casualty Loss Tax Deduction on Personal-Use Property?
The Gulf Coast has been hit with its fair share of natural disasters in recent years. Hurricanes, tornadoes, and floods have plagued our region, causing
How will the new lease accounting standard affect your business?
For fiscal periods beginning after December 15, 2018, businesses will have to start reporting leases differently on their balance sheets. That’s because the Financial
A First Look at President Trump’s Proposed Tax Plan
On April 26, 2017, the Trump administration presented an outline of the president’s proposed broad goals of tax reform and his ideas on how those
Company Layoffs May Lead to EBP “Partial Plan Terminations”
Business owners need to be aware that significant employee layoffs may lead to unintended partial plan terminations. In our region, oil and gas companies could
Why Bad Boy Guarantees Can Be Bad for Business
Most real estate partnerships use a combination of equity and nonrecourse financing to fund projects. Each partner bears the economic risk for equity or recourse
Is a Cost Segregation Study Right For You?
Even knowing the benefits of a cost segregation study, it’s important to know whether the study would assist you.
How will President-elect Trump’s tax plan affect individuals and businesses?
As President-elect Donald Trump’s inauguration gets closer, businesses and individuals alike wonder how the new administration’s tax policies will affect them.
Understand Whether Your Cancelled Debt is Taxable Income
Trying to manage your debt can be intimidating.
Utilizing like-kind exchanges for business growth and investment
Like-kind exchanges provide a unique money saving and investment tool for businesses and taxpayers.
What you need to know about tax relief and extension deadlines for Louisiana storm victims
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ITIN changes present implications for US real estate and foreign investment partners
Changes to ITIN expiration will affect nonresident aliens who have invested in U.S. real estate ventures.
Does Your Employee Benefit Plan Need an Audit?
Employee benefit plans must file an annual independent auditor’s report with the U.S. Department of Labor through a Form 5500, as well as any other applicable schedules and financial statements.